Wisdom from a Market Veteran
Below are some excerpts from a speech that Bob Rodriguez, the CEO of First Pacific Advisors gave at a recent CFA event.
Rodriguez isn’t a...
Hedge Funds Go Hunting
Hedge funds are on the hunt for new clients as the WSJ's Wealth Adviser notes here:
Hedge funds go mass-market as rich lose interest. For the...
The Monday Melee: Turkey Day Edition
On the Road Again
Watch out for what promises to be some of the most congested Thanksgiving traffic in years.
What We're Reading:
How to Decide Whether...
Kill the Squid.
In a 400-page report prepared for a Senate hearing on commodities market rigging, Goldman Sachs (aka the Vampire Squid of Wall Street) was again...
Year-End Market Update
I was on the phone with a client Wednesday morning when another line lit up indicating someone was being buzzed into my office from...
These are the Most Popular Stocks on Wall Street
What is popular on Wall Street? The table below lists the most followed stocks in the S&P 500. These aren't necessarily the stocks with...
A Furious Rally
The S&P 500 has rallied furiously from its October 15th low. Over the last 24 trading days, the index has gained 10.1%--the largest such...
Yes. Gold is a Currency
Is gold a currency? “Yes. Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency. No...
The Monday Melee: Taxes, Japan, and Princess Football
Abenomics Fails
In the third quarter GDP sank for the second time in a row in Japan. It turns out printing money and raising taxes...
2% Yields: It Could be Worse
If you thought you had it bad with 10-year Treasury yields at 2.3%, take a gander across the pond. In Germany, 10-year government bonds...